Bombay Burmah Trading Corporation Limited (BBTC) has initiated a postal ballot process to seek shareholder approval for the appointment of Ms. Rukhshana Jina Mistry as a Non-Executive Independent Woman Director. The company's board, on the recommendation of its Nomination and Remuneration Committee, has appointed Ms. Mistry as an Additional Director in this category, effective August 26, 2025.

Proposed Appointment Details

Ms. Mistry, a Chartered Accountant with over 32 years of experience in accounting, auditing, taxation, and company law, is being considered for a five-year term from August 26, 2025, to August 25, 2030. If approved, she will serve as a Non-Executive Independent Director, not liable to retire by rotation.

Professional Background

With a B.Com degree from Bombay University and as a Fellow Member of the Institute of Chartered Accountants of India (FCA), Ms. Mistry brings extensive experience to the BBTC board. She currently serves as an Independent Director on the boards of several prominent companies, including:

• Sterling And Wilson Renewable Energy Ltd
• Allied Blenders & Distillers Ltd
• Afcons Infrastructure Ltd

Additionally, Ms. Mistry holds directorships in various foreign subsidiaries of the Sterling And Wilson group.

Board Committee Involvement

Ms. Mistry is actively involved in board-level committees across her current directorships. She serves as Chairperson and Member of various committees, including:

• Audit Committees
• Nomination and Remuneration Committees
• Stakeholder Relationship Committees
• Risk Management Committees

Voting Process

BBTC has initiated an e-voting process for shareholders to cast their votes on this appointment. Key dates for the voting process are:

Compliance and Eligibility

The company has confirmed that Ms. Mistry meets all eligibility criteria as per the Companies Act, 2013, and SEBI regulations. She has provided her consent to act as a Director and confirmed her independence from the company's management.

Board's Recommendation

The Nomination and Remuneration Committee and the Board of Directors of BBTC consider Ms. Mistry's association to be of immense benefit to the corporation. They have recommended the resolution for approval by the members as a Special Resolution.

Shareholders of Bombay Burmah Trading Corporation Limited are encouraged to participate in the e-voting process to decide on this significant board appointment.

Bombay Burmah Trading Corporation Limited (BBTC), a company with a rich history dating back to 1863, has announced a significant addition to its leadership team. Ms. Rukhshana Jina Mistry, a seasoned Chartered Accountant with over three decades of experience, has been appointed as an Additional Director in the category of Non-Executive Independent Woman Director.

Board Approval and Appointment Details

The Board of Directors of BBTC, based on the recommendation of the Nomination and Remuneration Committee, approved Ms. Mistry's appointment on August 24, 2025. Her term is set for five consecutive years, commencing from August 26, 2025, and extending to August 25, 2030. This appointment is subject to shareholder approval through a postal ballot, which will be conducted in due course.

Ms. Mistry's Professional Background

Ms. Rukhshana Jina Mistry brings a wealth of experience to her new role:

• Over 32 years of expertise in accounting, auditing, taxation, and company law
• Fellow Member of the Institute of Chartered Accountants of India (FCA)
• B.Com degree from Bombay University
• Completed articleship at M/s Kalyaniwalla & Mistry

Current Board Positions

Ms. Mistry currently serves as an Independent Director on the boards of several prominent companies:

• Sterling And Wilson Renewable Energy Ltd
• Allied Blenders & Distillers Ltd
• Afcons Infrastructure Ltd

Additionally, she holds directorships in various foreign subsidiaries of the Sterling And Wilson group.

Committee Involvement

Her expertise is further utilized in various board-level committees, where she serves as both Chairperson and Member across:

• Audit Committees
• Nomination and Remuneration Committees
• Stakeholder Relationship Committees
• Risk Management Committees

Regulatory Compliance

In accordance with regulatory requirements, BBTC has confirmed that Ms. Mistry is not debarred from holding the office of Director by virtue of any order passed by SEBI or any other such authority. Furthermore, she is not related to any existing directors of the corporation, ensuring independence in her role.

Implications for BBTC

The appointment of Ms. Mistry as an Independent Woman Director aligns with corporate governance best practices and diversity initiatives. Her extensive experience in finance, auditing, and corporate law is expected to bring valuable insights to BBTC's board, potentially strengthening the company's financial oversight and strategic decision-making processes.

As BBTC moves forward with this appointment, shareholders will have the opportunity to vote on Ms. Mistry's confirmation through the upcoming postal ballot. This addition to the board marks another step in the company's ongoing commitment to maintaining a strong and diverse leadership team.